New York, December 20, 2013 -- Moody's Investors Service commented that Jazz Pharmaceutical's announced acquisition of Gentium Sp.A. is credit negative because of the high purchase price relative to near-term EBITDA contribution. Jazz will pay $57 per share for Gentium, or roughly $1 billion, for an EBITDA contribution of $20 to $30 million in 2014. Jazz is rated Ba3 with a stable rating outlook and Gentium is unrated.

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